Avoid to the side, GameStop and AMC. A new multi-billion dollar stock bubble makes last year’s meme stock look like child’s play.
The market value of the fintech company AMTD Digitalcontrolled by a financial institution based in Hong Kong, has been eclipsed for a short time Facebook parent Meta Platforms this week, after the stock’s price surged more than 300 times since it was listed in New York three weeks ago. The bubble has begun to deflate in the past few days, but the company still has a market capitalization of $148 billion – bigger Goldman Sachs.
